Critical Metals (LON:CRTM) Stock Price Up 17.2% – Here’s What Happened

Critical Metals Plc (LON:CRTM – Get Free Report)’s share price traded up 17.2% during trading on Monday. The company traded as high as GBX 34 and last traded at GBX 34. 524,673 shares traded hands during trading, an increase of 136% from the average daily volume of 222,000 shares. The stock had previously closed at GBX 29.

Critical Metals Stock Performance

The firm has a market cap of £34.60 million, a PE ratio of 0.25 and a beta of 2.26. The firm has a 50-day moving average price of GBX 13.75 and a two-hundred day moving average price of GBX 11.04. The company has a quick ratio of 7.85, a current ratio of 0.20 and a debt-to-equity ratio of 13.77.

Critical Metals Company Profile

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Critical Metals is focused on acquiring and developing brownfield mining opportunities in the high-value critical metals space. The Company is focused on advancing low CAPEX and OPEX near-term production opportunities in order to generate short-term cash flow and build significant value for shareholders. Testament to this, the Company is currently developing the previously producing Molulu Copper Cobalt Mine in the Democratic Republic of Congo, and is focussed on returning the mine to production, targeting 120,000t/per annum of Copper Oxide Ore.

Further Reading

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